ID :
15532
Mon, 08/11/2008 - 14:46
Auther :
Shortlink :
http://m.oananews.org//node/15532
The shortlink copeid
Japan looking at lucrative nuke business in India
New Delhi, Aug 11 (PTI) Even though it says it is yet to
firm up its position with regard to N.S.G. waiver for India,
Japan is eyeing the business potential in the lucrative
nuclear energy sector in this country if exemptions are
granted to New Delhi.
A top official of Japan's Foreign Ministry said Japanese
industries have "cutting edge technologies" in the nuclear
power sector and would be interested in the Indian market if
the Indo-U.S. nuclear deal goes through.
"The Japanese industries do have cutting edge advanced
nuclear power generation technology. Certainly we think our
companies are as competitive as any other companies abroad to
do business in India," Press Secretary of Japan's Foreign
Ministry Kazuo Kodama told PTI here.
The comment assumes significance as Japan, a member of
N.S.G., maintains officially that it is yet to firm up its
position with regard to the waiver issue although it
understands the energy needs of India.
The official said there will be "huge opportunities" in
the sector in India but refused to discuss the extent, saying
"it is too early to comment elaborately on the issue."
"I do not deny that there will be huge business
opportunities," said Kodama, Director General of Press and
Public Relations in Foreign Affairs Ministry who was here last
week.
Asked what will be Japan's stand during the crucial
August 21-22 meeting, he evaded a direct reply but indicated
that Japan will not pose any hurdle at the N.S.G.
Japan "understands India's need for nuclear energy... The
issue requires "sensible approach by all parties," Kodama
said.
"Japan intends to actively participate in the discussion
on the nuclear deal at meeting with a comprehensive viewpoint
that will strengthen non-proliferation regime," he said.
"When we joined consensus at the I.A.E.A., we appreciated
India's need for nuclear energy. We understand India's
compulsion to develop nuclear energy," he said.
India, in association with the U.S., is making efforts to
garner support of N.S.G. countries. PTI MPB
firm up its position with regard to N.S.G. waiver for India,
Japan is eyeing the business potential in the lucrative
nuclear energy sector in this country if exemptions are
granted to New Delhi.
A top official of Japan's Foreign Ministry said Japanese
industries have "cutting edge technologies" in the nuclear
power sector and would be interested in the Indian market if
the Indo-U.S. nuclear deal goes through.
"The Japanese industries do have cutting edge advanced
nuclear power generation technology. Certainly we think our
companies are as competitive as any other companies abroad to
do business in India," Press Secretary of Japan's Foreign
Ministry Kazuo Kodama told PTI here.
The comment assumes significance as Japan, a member of
N.S.G., maintains officially that it is yet to firm up its
position with regard to the waiver issue although it
understands the energy needs of India.
The official said there will be "huge opportunities" in
the sector in India but refused to discuss the extent, saying
"it is too early to comment elaborately on the issue."
"I do not deny that there will be huge business
opportunities," said Kodama, Director General of Press and
Public Relations in Foreign Affairs Ministry who was here last
week.
Asked what will be Japan's stand during the crucial
August 21-22 meeting, he evaded a direct reply but indicated
that Japan will not pose any hurdle at the N.S.G.
Japan "understands India's need for nuclear energy... The
issue requires "sensible approach by all parties," Kodama
said.
"Japan intends to actively participate in the discussion
on the nuclear deal at meeting with a comprehensive viewpoint
that will strengthen non-proliferation regime," he said.
"When we joined consensus at the I.A.E.A., we appreciated
India's need for nuclear energy. We understand India's
compulsion to develop nuclear energy," he said.
India, in association with the U.S., is making efforts to
garner support of N.S.G. countries. PTI MPB
